There are two macro factors that contribute to the globalization. The first one can be defined as 'free trade' or the flow of capital, goods and services across the globe and it has been present since the 1950s. The second, and the more recent one, is the rapid development of technology.
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The primary factor influencing demand for housing is the price of housing. By the law of demand, as price decreases, the quantity of housing demanded increases. The demand for housing also depends on the wealth of households, their current income, and interest rates.
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They are important because it is proven that everyone needs someone to talk to. There should be someone to talk to you if you need it.